Industry 5.0: Data Analytics & Product Management Perspective

Harkonen, Janne; Koskinen, Joni; Kotilainen, Tuomas (2025-02-04)
 
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https://doi.org/10.1109/IEEM62345.2024.10856990

Harkonen, Janne
Koskinen, Joni
Kotilainen, Tuomas
IEEE
04.02.2025

J. Harkonen, J. Koskinen and T. Kotilainen, "Industry 5.0: Data Analytics & Product Management Perspective," 2024 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM), Bangkok, Thailand, 2024, pp. 0481-0485, doi: 10.1109/IEEM62345.2024.10856990

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doi:https://doi.org/10.1109/IEEM62345.2024.10856990
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https://urn.fi/URN:NBN:fi:oulu-202502051471
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Abstract

Product management (PM), and product-centric approaches to data analytics can be valuable during Industry 5.0 (I5.0). This study explores the impact of I5.0 on data analytics by taking a PM perspective. A scoping review was conducted to synthesize a conceptual model for data analytics. The findings indicate specific characteristics of 15.0 for data analytics. The developed concept forms a logical whole consisting of flexible business processes, scalable data management, and advanced analytics. Productization, master data, dynamic data models, and holistic end-to-end product lifecycle analytics are at the core of human-centric tailored capabilities and deeper ethical, sustainability, and collaborative insights.
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